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Ethereum World News
2022-08-16 12:26:26

Celsius Lost Over $100 Million In Grayscale Bitcoin Trust Trade: Financial Times Report

Celsius Lost Over $100 Million In Grayscale Bitcoin Trust Trade: Financial Times Report

Summary: Celsius CEO Alex Mashinsky took over the company’s trading strategy in January 2022. Mashinsky assumed a more active role in trade decisions ahead of the FOMC meeting at the start of the year. The report explained that Mashinsky was ” slugging around huge chunks of bitcoin”. Financial Times also reported that the crypto lender faced insolvency since March 2022. Ripple has hinted at an interest in acquiring the bankrupt crypto company, per reports. Alex Mashinsky, the CEO of bankrupt […]

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